If you are CTA, CPO, RIA and Friend & Family Advisor, would you like IB to AUTOMATICALLY calculate your advisor fee and AUTOMATICALLY deduct it from your clientâs accounts and AUTOMATICALLY move it to your master account? Would you like to significantly reduce your back office billing work?

If you do, you may want to review the following billing methods currently supported by IB. If you like please post any thoughts, suggestions and ideas you may have.

============== Based on my understand on 11/30/2007, the Billing options below are currently supported by IB:

E. Monthly/Quarterly Invoicing --- Advisor calculates the Advisor Wrap Fees and removes the fees from client account up to a limit of ________ (enter amount) per month OR ________ (enter amount) per quarter.

============== Below are my suggestions --- Per CFTC/NFA, the performance capsule of CTA must be based on MONTHLY (not quarterly or yearly), so in order to better support CTA, I have the following two suggestions to IB:

B. (NEW OPTION) Monthly/Quarterly Invoicing --- Your advisor calculates the Advisor Wrap Fees and removes the fees from your account up to a limit of ________ % (enter PERCENTAGE) per month OR ________ % (enter PERCENTAGE) per quarter. ---- NOTE: This option similar to option E above. But this option is based on % (not absolute dollars amount) so that when client account equity increase, Advisor do NOT have to ask client for permission if the advisor fee is over the previous set dollars amount.